Kellie Sawicki yYdA
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The Lazarus Group has completed the money laundering from the Bybit hack, converting Ethereum (ETH) $ETH worth $1.5 billion into Bitcoin (BTC) through the decentralized exchange (DEX) THORChain. This process has raised concerns within the Cryptocurrency community, with many criticizing THORChain for facilitating this transaction.
Despite the backlash, THORChain defended its platform, stating that its open-source and decentralized nature means that the platform is not responsible for overseeing transactions like law enforcement agencies. Critics have pointed out that THORChain earned $3 million in fees during this event but failed to stop the massive fund transfer.
The Bybit Bounty Campaign can now be considered completed, guys! $ETH $BTC
Despite the backlash, THORChain defended its platform, stating that its open-source and decentralized nature means that the platform is not responsible for overseeing transactions like law enforcement agencies. Critics have pointed out that THORChain earned $3 million in fees during this event but failed to stop the massive fund transfer.
The Bybit Bounty Campaign can now be considered completed, guys! $ETH $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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